The charges to Work in Process—Baking Department for a period as well as information concerning production...

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Accounting

The charges to Work in Process—Baking Department for a period aswell as information concerning production are as follows. TheBaking Department uses the average cost method, and all directmaterials are placed in process during production.
Work in Process—Baking Department
Bal., 2,600 units, 40% completed 8,918 To Finished Goods, 18,700 units ?
Direct materials, 19,000 units 95,380
Direct labor 49,879
Factory overhead 25,695
Bal., 2,900 units, 60% completed ?
If required, round cost per equivalent unit answer to twodecimal places.
a. Determine the number of whole units to beaccounted for and to be assigned costs.
units
b. Determine the number of equivalent units ofproduction.
units
c. Determine the cost per equivalentunit.
$ per equivalent unit
d. Determine the cost of the units transferredto Finished Goods.
$
e. Determine the cost of units in ending Workin Process.
$

Work in Process—Baking Department
Bal., 2,600 units, 40% completed	8,918	To Finished Goods, 18,700 units	?
Direct materials, 19,000 units	95,380
Direct labor	49,879
Factory overhead	25,695
Bal., 2,900 units, 60% completed	?

Answer & Explanation Solved by verified expert

3.9 Ratings (504 Votes)

a Whole units to be accounted Units in beginning work in process 2600 Add Unit started during the period 19000 Total whole units 21600 Whole units to be assigned cost Units transferred to finished See Answer

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